The Meridian system has been very helpful on $OIL so far.
It printed a North Star entry signal in early January at $59 (before the Iran war even started), and then an exit signal at $90 in May, right before the major selloff.
What’s next from here?
Price needs to break below the lower bound of the band around $80.
If that happens, there’s a large gap to potentially fill down to $74.
